6 Results for 'Richardson J.W.'

NPR – ECONOMIC OUTLOOK FOR FARM SURVIVAL IN THE CURRENT FARM ECONOMY DOWNTURN

Abstract Agricultural producers in the U.S. are currently struggling financially. Farms and ranches are losing money and some are going out of business. The farm economy downturn is not confined to the United States, based on the recent decreases in ...Read More

NPR – ECONOMIC OUTLOOK FOR FARM SURVIVAL IN THE CURRENT FARM ECONOMY DOWNTURN

Abstract: Safety net programs affect farm income and farmers ability to manage risk.  Some economists argue that safety net programs benefit large farmers more and accelerate farm consolidation.  The purpose of the paper is to test the hypothesis that the ...Read More

NPR – THE ROLE OF U. S. SAFETY NET PROGRAMS IN INCENTIVIZING FARM GROWTH: A SIMULATION APPROACH

Risk management is a major challenge for farm managers. Monte Carlo simulation models can be used to teach commercial farmers how to manage risk. However, the decision tools for ranking risky alternatives have long been an impediment to learning the ...Read More

AP – Training Commercial Farmers How To Analyse And Rank Risky Alternatives

The objective of this research is to evaluate impacts of moving to a less trade distorting commodity program. An optimal control stochastic simulation model is teamed with primary representative farm data and a whole farm simulation model to evaluate the ...Read More

PR – Potential Cost Of Being Less Trade Distorting On U.S. Crop Farms

The paper demonstrates how a deterministic farm linear programming (LP) model can be made stochastic and simulated using Solver and Simetar© in Excel©. The demonstration is conducted with an LP-model for a dairy farm for a sub arctic region of Norway. The ...Read More

Stochastic Optimization: An Application To Sub-Arctic Dairy Farming

Risk is important for farmers’ choice of cropping system. The aim of this study was to compare risk of organic, integrated and conventional cropping systems. Experimental cropping system data (1991-1999) from eastern Norway were combined with budgeted data. Empirical distributions ...Read More